Huawei and Apple have launched their latest flagship smartphones, Mate XT and iPhone 16, in China, drawing significant interest despite supply constraints and high prices. Huawei's Mate XT, priced at $2,800, has generated frustration among fans due to limited availability, with some reselling the phone for up to $9,900. Pre-orders for the Mate XT exceeded 6.5 million, but production delays have left many buyers empty-handed. Apple's iPhone 16 features new AI capabilities, though these are not available in China until next year, potentially impacting short-term sales. The high demand for these premium models indicates a potential rebound in the high-end smartphone market in China, despite economic sluggishness and competition between the two tech giants.